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Samsung Expands Production of High-performance DRAM for AI Systems

Samsung Expands Production of High-performance DRAM for AI Systems

SEOUL, Jul. 18 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it expanded production of new high-performance dynamic random-access memory (DRAM) chips that can be utilized for artificial intelligence (AI) systems. The South Korean tech giant said it kicked off full-fledged mass production of the industry’s first high-performance 8GB High Bandwidth Memory 2 (HBM) DRAM [...]

LG Says Its Robot Vacuum Cleaner as ‘Intelligent as 7-year-old child’

LG Says Its Robot Vacuum Cleaner as ‘Intelligent as 7-year-old child’

SEOUL, Jul. 17 (Korea Bizwire) — LG Electronics Inc. said Monday that independent studies showed its robot vacuum cleaner released earlier this year were as intelligent as a 6-to-7-year-old child. Citing a research conducted by Robotics & Intelligent Systems Lab under Seoul National University, the South Korean consumer electronics giant said the vacuum cleaner, named [...]

AI to Drive GDP Gains of $15.7 Trillion with Productivity, Personalisation Improvements

AI to Drive GDP Gains of $15.7 Trillion with Productivity, Personalisation Improvements

HONG KONG, Jun. 27 GLOBE NEWSWIRE) — Global GDP will be 14% higher in 2030 as a result of AI – the equivalent of an additional $15.7 trillion. This makes it the biggest commercial opportunity in today’s fast changing economy according to new research by PwC. Drawing on a detailed analysis of the business impact [...]

Naver to Cooperate with Qualcomm on AI Patform

Naver to Cooperate with Qualcomm on AI Patform

SEOUL, Jun. 20 (Korea Bizwire) — Naver Corp., South Korea’s top Internet portal operator, said Monday that it will work with global chipmaker Qualcomm Inc. to further develop its artificial intelligence (AI) platform, Clova. Under an agreement with Qualcomm’s subsidiary, Qualcomm Technologies, Naver will provide Clova for use with the global giant’s Internet of Things (IoT) [...]

South Korea’s Nascent AI Industry Focused on Medical and Service Sectors

South Korea’s Nascent AI Industry Focused on Medical and Service Sectors

SEOUL, June 1 (Korea Bizwire) – With artificial intelligence rapidly spreading across global industries, the latest study from the National Information Society Agency (NIA) has revealed that South Korean startups tend to focus their AI development on the medical and convenience service sectors.  The NIA based its study on 19 startups here that had a [...]

7 in 10 South Korean Companies Not Ready for 4th Industrial Revolution

7 in 10 South Korean Companies Not Ready for 4th Industrial Revolution

SEOUL, May 17 (Korea Bizwire) – Nearly seven in ten companies in South Korea are not prepared for the fourth industrial revolution, which is reshaping many economies and industries with a range of new technologies, a new report revealed. According to the report released yesterday by the Hyundai Research Institute on the perception of the fourth [...]

Samsung to Start Full-fledged Service of Bixby AI Program

Samsung to Start Full-fledged Service of Bixby AI Program

SEOUL, May 2 (Korea Bizwire) — Samsung Electronics Co. said it plans to start the full-fledged service of Bixby, an artificial intelligence (AI) program installed in its latest flagship Galaxy S8 smartphones. While Samsung officially released the Galaxy S8 smartphone last month, the Bixby service was still in launch preparations. Through deep-learning technology, Samsung said [...]

Social Robot Patent Applications Rise Sharply on AI, Robotics Advances: Data

Social Robot Patent Applications Rise Sharply on AI, Robotics Advances: Data

SEOUL, Apr. 26 (Korea Bizwire) — The application of patents for social robots that can interact and communicate with humans has risen sharply in South Korea in recent years with the advances being made in robotics and artificial intelligence, government data showed Tuesday. Social robot patent applications have surged more than 20 percent annually since [...]

Pre-orders for Galaxy S8 Greater than Expected: Samsung’s Mobile Chief

Pre-orders for Galaxy S8 Greater than Expected: Samsung’s Mobile Chief

SEOUL, Apr. 14 (Korea Bizwire) — Consumer response for Samsung Electronics Co.’s latest high-end smartphone, the Galaxy S8, has been better than expected, the company’s mobile division chief said Thursday, with pre-orders for the flagship device surpassing a whopping 720,000 units in just seven days in South Korea, heralding a major hit for the company. [...]